- View Comments
- Share with Shortlink:
(AllHipHop News) 50 Cent recently signed boxer Billy Dib of Australia to TMT Promotions (The Money Team), a new company the rap star is running with world boxing champion Floyd Mayweather.
50 Cent and Floyd Mayweather’s TMT Promotions have already received its promoter’s license in New York and has another application pending in Las Vegas, Nevada, where Mayweather is finishing an 87-day prison sentence for spousal battery.
In addition to Billy Dib, TMT Promotions has already snagged featherweight boxer Yuriorkis Gamboa and super middleweight boxer Andre Dirrell.
According to 50, it was Floyd’s idea to start TMT Promotions as an alternative to the current promotional deals that are being offered to boxers today.
“I mean, outside of the fact that it was Floyd’s concept, and that it was his idea initially that he wanted to develop a company for himself and for other talent that can execute things without having to be within a traditional situation where you have to completely watch your back, 24/7,” 50 Cent told RingTV.com. “From a fighter’s perspective, you know, it’s going to be exciting to be a part of our company and something like that. When you achieve a certain level of success with your career, you start to do some soul-searching and you start to figure out what you’re actually after.”
50 told RingTV.com that Floyd can spot talent in upcoming boxers, which was another reason that two famous friends decided to go into business together.
In related 50 news, the rapper has set a November 13 release date for his album Street King Immortal.
Akon Ordered to Pay $5k Monthly Child Support
Lil Mouse Accused Of Threatening To Kill Third Grader, Slapped With Assault Charges
Busta Rhymes Possible Collabs With Nicki Minaj And Drake
Hip-Hop Rumors: Beyonce And Kanye Are PISSED!
Kendrick, Chris Brown, Tamar Braxton & More: The BET Awards Press Conference Pics
Master P “Woke Up A Millionaire”
Hip-Hop Rumors: WOW! Is YMCMB Trying To Send Mannie Fresh A Strong Message?
Hip-Hop Rumors: 50 Cent’s Cousin: “You Gonna Get Me Killed!”
Next 48 Hours With French Montana Coming Soon
Hip-Hop Rumors: Somebody Thinks Tim Dog Faked His Death!
Ludacris Talks Movies & Music
EPIC WIN: Wayne Brady Freestyles: “F**k Bill Maher

Kanye West “New Slaves”
French Montana Ft. Trey Songz & Fabolous “40″
Ludacris “I Don’t Give A Fuck”
#HeaterOfTheDay: J Money Ft. Rich Homie Quan “All I Wanted”
PJ Morton Ft. Busta Rhymes “Never Get Over You”
Action Bronson Hit With $70k Lawsuit Over Botched European Tour
Nas Official Statement On Changing Album Title